Retail · Snellville, Georgia
Snellville Place
Snellville Place is financed with a $1.7M CMBS loan at 5.30% that reaches maturity on March 11, 2027, in 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $1,745,489
- Original balance (same notes)
- $2,075,000
- Interest rate
- 5.30% fixed
- Originated
- February 21, 2017
- Maturity
- March 11, 2027
- Payments
- Amortizing over 30 years
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2189 Scenic Highway, Snellville, GA 30078
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Rentable area
- 14,050 sq ft
- Built
- 2006
- Largest tenants
- Zaid Enterprises Inc; Bloom Smoke; DeOne Roti Shop
- Value at securitization
- $3.0M (Jan 2017)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.52x | 1.72x |
| Occupancy | 100% | 83% |
| Net operating income | $210K | $238K |
| Debt yield | 13.6% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2017-RB1 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points or more from securitization
- Matures within 12 months
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Occupancy has fallen from 100% when the loan was securitized to 83%.
- Net operating income is 14% above the underwritten figure ($238K a year against $210K).
- Debt service coverage moved from 1.52x at securitization to 1.72x on the latest statements.
- The filing gives Jul 2026 as the lease end date for the largest tenant (Zaid Enterprises Inc), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $1.7M | Current | No | 1.72x | 83% |
| August 2026 | $1.7M | Current | No | 1.72x | 83% |
| July 2026 | $1.8M | Current | No | 1.72x | 83% |
| June 2026 | $1.8M | Current | No | 1.72x | 83% |
| May 2026 | $1.8M | Current | No | 1.77x | 83% |
| April 2026 | $1.8M | Current | No | 1.77x | 83% |
| March 2026 | $1.8M | Current | No | 1.77x | 83% |
| February 2026 | $1.8M | Current | No | 1.77x | 83% |
| January 2026 | $1.8M | Current | No | 1.77x | 83% |
| December 2025 | $1.8M | Current | No | 1.77x | 83% |
| November 2025 | $1.8M | Current | No | 1.77x | 83% |
| October 2025 | $1.8M | Current | No | 1.63x | 83% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2017-RB1 | 37 | $1,745,489 | Sep 2026 | SEC filing, September 29, 2026 |
Other Atlanta-Sandy Springs-Roswell loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Marketplace at Millcreek | Buford, GA | Retail | $39.6M | 3.82% | Sep 2027 | 3.89x | 86% | Current |
| The Plaza Mall Of Georgia | Buford, GA | Retail | $21.7M | 4.40% | May 2027 | 1.61x | 100% | Current |
| Conyers Plaza | Conyers, GA | Retail | $17.5M | 3.865% | Feb 2027 | 2.54x | 76% | Current |
| Doraville Plaza | Doraville, GA | Retail | $12.4M | 4.74% | Jun 2027 | 2.23x | 86% | Current |
| Chamblee Heights | Chamblee, GA | Multifamily | $9.8M | 4.83% | Apr 2027 | 2.86x | 93% | Current |
| Kumho Tires | McDonough, GA | Industrial | $9.5M | 4.75% | May 2027 | 3.40x | 100% | Current |
| 3925 Brookside Parkway | Alpharetta, GA | Office | $9.3M | 4.67% | Mar 2027 | 2.11x | 96% | Current |
| Sable Pointe Apartments | Buford, GA | Multifamily | $8.9M | 4.63% | Jun 2027 | 3.19x | 88% | Current |
All loans maturing in 2027 · All Atlanta-Sandy Springs-Roswell loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.